ARES Consultancy Services F.A.Q

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MT5 is a safe and legit platform developed by Metaquotes, a privately held Cyprus-based company founded in 2000. The Metatrader software is developed for brokers in Forex and CFD trading.

MT5 is a multi-asset platform suitable for trading in the Forex, Stocks, and Futures markets. The platform provides all the tools for financial trading – Technical and fundamental analysis, algorithmic and copy trading, and development of custom indicators and trading bots.

MT5 was designed for Forex traders while catering to more financial markets. The platform allows you to also trade individual stocks and commodities in cash.

MT4 and MT5 use different programming languages, and while MT5 allows faster backtesting and DOM (depth of market functionality) and is technically supported by MetaQuotes, while MT4 no longer provides technical support. Both MT4 and MT5 are good platforms. MT5 is generally more admired by experienced traders.

MT5 starts at $75,000 for 1,000 users and runs up to $300,000 for 200,000 trader accounts. Through a White Label solution provider, however, the costs of MT5 are diminished significantly.

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